Latest Key Developments (Source: Significant Developments)

Nov 26(Reuters) - NKT A/S ::SAID ON SUNDAY HAD BEEN AWARDED ITS LARGEST OFFSHORE EXPORT CABLE ORDER EVER FOR THE OSTWIND 2 GRID CONNECTION.CONTRACT WAS WON IN A CONSORTIUM WITH BOSKALIS SUBSEA CABLES & FLEXIBLES, WHO WILL INSTALL THE OFFSHORE CABLE SYSTEM.NKT CONTRACT VALUE IS ABOUT EUR 300 MILLION IN MARKET PRICES, EQUIVALENT TO ABOUT EUR 255 MILLION (ABOUT DKK 1.9 BILLION) IN STANDARD METAL PRICES.
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Nov 12 (Reuters) - NKT A/S ::NKT TO UPGRADE IMPORTANT HIGH-VOLTAGE CABLE LINK BETWEEN DENMARK AND SWEDEN.FOR NKT, ORDER VALUE OF ÖRESUND CONNECTION IS APPROX. EUR 22M.PROJECT IS EXPECTED TO BE COMPLETED IN 2020.ORDER WAS WON IN A CONSORTIUM WITH VBMS B.V..
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Aug 24 (Reuters) - NKT A/S ::REG-NKT A/S INTENDS TO ISSUE A HYBRID SECURITY AS PART OF REFINANCING.INFORMATION IN THIS ANNOUNCEMENT DOES NOT CHANGE 2018 FINANCIAL OUTLOOK FOR NKT AND NKT PHOTONICS..HYBRID SECURITY IS EXPECTED TO HAVE A SIZE OF UP TO EUR 150M.FOLLOWING ISSUANCE OF HYBRID SECURITY A NEW COMMITTED EUR 300M REVOLVING CREDIT FACILITY WITH A 4-YEAR MATURITY WILL COME INTO FORCE.
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June 28 (Reuters) - NKT A/S ::NKT TO STRENGTHEN LOCAL POWER GRID IN NORWAY WITH HIGH-VOLTAGE CABLE SYSTEMS.NKT HAS WON TURNKEY ORDER OF TWO HIGH-VOLTAGE CABLE SYSTEMS.ORDER VALUE OF MJØSA PROJECT IS BELOW USUAL ANNOUNCEMENT THRESHOLD OF NKT.DOES NOT IMPACT COMPANY'S FINANCIAL OUTLOOK FOR 2018.
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LONDON European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain's Prime Minister Theresa May would face a no-confidence vote over her draft European Union divorce deal. | Video

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